TorCoin TOR was designed as a Proof of Work and Proof of Stake hybrid, which intends to provide a decentralized master node network for anonymously located web pages all over the world. TOR is using the X11 algorithm with a block time of 1 minute. After the Proof of Work phase it is being replaced by a Proof of Stake phase with an annualized rate of 10%. TorCoin TOR was released in July 2014. The article will be further updated in case of additional information about TOR.